The expansion is a centerpiece of Lara’s “Sustainable Insurance Strategy,” a broad effort to stabilize California’s fractured insurance market amid mounting climate-related losses. In recent years, major carriers have pulled back from insuring properties in wildfire-prone regions, citing escalating claims and regulatory constraints. The FAIR Plan – intended as a backstop for those unable to obtain traditional insurance – has ballooned in response, covering more than 350,000 properties as of early 2025, a figure that has nearly tripled over the past five years.